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questions continue to dog the social media giant. can either mark zuckerberg or sheryl sandberg turn the company's sagging stock around? >>> and peering over the cliff. at least one organization is proposing a less painful alternative to falling off the fiscal cliff. find out who they are and what they plan to do, straight ahead on "the closing bell." tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to indepen
whitman. >>> when we come back, facebook topping 1 billion users. we'll hear what mark zuckerberg has to say in an nbc exclusive interview. >>> plus reaction from both obama's and romney's camps. >>> taking a look at futures, we are looking at a higher open across the board. much more "squawk on the street" straight ahead. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-866-294-5373
is in moscow. facebook founder mark zuckerberg meeting with russia's prime minister. russia wants market to expand facebook operations in facebook. he is on a world tour searching for new talent in a series of programming contest. apple i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ finance close that dow >> it is beautiful out here. is amazing san francisco, october 2nd and i am in the short sleeves that shirt and completely comfortable right now. you can see how clear it is in the city right now, no fog to speak up. if you get a chance come out and enjoy it. they're people running, walking their dogs. if you're going to do it now is the time before the heat starts to set in. it is going t
monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to your friends. so advertisers can pay to promote their posts and make sure that people who follow them see their posts and you can pay to make sure that your posts go to the top of someone's news feed and treats users just like their brands. >> pay attention to me now! >> if you want to tell people they had to
billion users. on mark zuckerberg's facebook page, he wrote, helping a billion people connect is amazing, humbling, and by far the thing i'm most proud of. they've also launched their first commercial. let's take a look. >> chairs. chairs are made so people can sit down and take a break. anyone can sit on a chair. if the chair is large enough, they can sit down together. and tell jokes or make up stories or just listen. chairs are for people. and that is why chairs are like facebook. >> the use of a chair, maria. stock up about 0.4%. back to you. >> that is really funny. thank you, seema. watching facebook there trade in active volume. meanwhile, it's the end of an era at the new york stock exchange today. >> one of the most beloved personalities here on the new york stock exchange floor is retiring today. one james mcguire sr. he began his career in 1949. truman was in office. the dow, i looked it up, was at 180 at that time. >> i was 18 years old. >> you were 18 when you started your career on wall street. different times back then. >> no, pretty much the same. >> nothing has changed?
more than $1.3 billion. he joined mark zuckerberg and all the other young tech tycoons who suddenly became members of that ten-digit club. but zynga's falling share price has chopped more than $1 billion from his fortune. he's now worth less than $250 million. his paper wealth in zynga has fallen by more than 80%. he's lost, get this, more than $4 million a day or close to $200,000 an hour for the past seven months. now, we shouldn't feel bad for him. he sold $200 million worth of stock back in april before that big fall. he bought a $16 million mansion in san francisco. he's got a multimillion dollar home in aspen. plus, he's got a lot of other wealth from facebook and other investments. but mark is now proof that sudden wealth can quickly become sudden wealth loss in social media. of course, the new .com guys learned something new, to take that wealth off the table before it goes up in smoke. back to you, michelle. >> yeah, exactly. thanks, robert. >>> we have about 20 minutes before the closing bell. the dow jones industrial average has now gone negative on the session. nasdaq's
on monday could be a catalyst to the stock similar to what we saw after mark zuckerberg spoke at that tech crunch conference. qualcomm, ubs writing that the near concerns related to the shipments could hit a soft patch in the next quarter. >>> today's power player is the chief investment strategist with oppenheimer funds with $82 billion under management. please welcome art steinmets to "power lunch". how do you feel about the market overall. bob laid out some interesting trends and we're going into a new quarter. overall are you bullish on the market? >> reasonable comfortable with the market. the story, the bad news is understood. we've got sovereign debt crisis. we've got fiscal cliff. we've got china growth slowdown. those have been with us for years now it seems. those are the known unknowns. but what we have now is you've got the fed pumping up liquidity like crazy. you've got the boj pumping up liquidity like crazy and the ecb doing the same. don't fight the fed or the ecb or the boj. so that undergirds everything that's going on right now. >> yet if you look at where we were on the
all different open graph implementations and there are people working on that. >> mark zuckerberg talked about the potential in search. what is your plan for search? >> as mark said i think people are surprised how much search is done on facebook, you know, every day there's enormous percentage of search. there's also a promise in the market that search could become more social that we don't think this has been met. when you're looking for information the question is who do you want it from, the wisdom of crowds or the wisdom of friends? our answer to the information that's most relevant for users is really about friends, that if i'm looking for a restaurant to go to in new york this week, i'd rather get a recommendation from a friend. that's really what we're working on. >> could a facebook social search compete with goingle? >> not going to comment on future product launches. we are working at making our products as usable and accessible for everyone in the world. >> facebook is increasingly moving into google's territory and not just with search. facebook is testing an ad netwo
-sided, sure. >>> facebook ceo mark zuckerberg in russia to discuss boosting innovation in the region with prime minister dmitry medvedev. and zuckerberg even war a suit and a tie? he just posted this picture to his facebook page. >>> up next, in connection with that, sheryl sandberg will join us in her very first interview since the facebook ipo debacle. >> how the social network is approaching the 1 billion users milestone. >> you're close to 1 billion users. you're fast on the road to 1 billion users. what does that milestone mean for facebook? >> i think the 1 billion milestone when we hit it is a big deal. we're the large est and most engaged community of people anywhere online. when facebook started, people thought it was absurd or unbelievable that they would ever put their real identity onli online. we have over 950 million real people connected to real friends sharing real things in their lives. and the fact that we could get to this scale and continue to grow is a really exciting milestone for the company. a crm and the world's only tridion safety cell which can withstand ov
to drive 2013 smart. ♪ >>> i want to take you live to where mark zuckerberg is being interviewed live. yesterday prime minister medvedev trying to put more facebook infrastructure in that country. let's take a quick listen. >> it is frozen. >> i'm taking state against petersburg this weekend. >> zuckerberg looks dressed up compared to his interviewer. >> he did wear a suit and tie when he met medvedev. facebook and russia, 9 million users with a domestic copy of facebook called the vk. they come in second in that country. >> eventually they are -- >> i wish we knew what she was saying. >> i think he said we will bury you. >> tear down this pay wall, that kind of thing. >> yes! and mr. gorbachev teared down the pay wall! >>> when we come back, when it comes to tim cook's leadership, what would steve jobs think of this? but first -- >>> coming up, kramer is kicking it into high gear. his six stocks in 60 seconds will energize all of us. get your jim joke when "squawk on the street" returns. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf mark
on the biggest ego trip this week. good or bad. the nominees are "sesame street's" big bird, mark zuckerberg or meg whitman. to vote go cnbc.com. we'll reveal the winner on "street signs". markets are higher on this jobs friday. how should you position yourself heading into the weekend. i take insulin, so i test... a lot. do you test with this? freestyle lite test strips? i don't see... beep! wow! that didn't take much blood. yeah, and the unique zipwik tab targets the blood and pulls it in. so easy. yep. freestyle lite needs just a third the blood of onetouch ultra. really? so testing is one less thing i have to worry about today. great. call or click today and get strips and a meter free. test easy. humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your poli
mark zuckerberg wears the same thing every day. what's coming up tonight? >> tipping the bald theme, we have our own powerful bald man on. neel kashkari. >> segue. >> we also have john taylor to talk about the debates. and why it might be time to sell gold. >> see you at 5:00. let's get to what you might have missed earlier on this morning. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> what frustrates me is we are not doing more to build infrastructure here in the united states. >> it's happening. we don't need the government to do anything. >> this is a terrific opportunity for us to launch a global snacking powerhouse. we've got a fabulous roster of market leaders in their respective categories. we have a very strong geographic footprint. >> i look at things like housing come being bacing back. especially if it is foreign auto companies taking the lion's share, i come back and say don't be confused, the adp has a false tale. >> you have more draw in a shma than i've had in a lifetime of living. >> in the last week you've done more shopping tha
Search Results 0 to 11 of about 12